261 Results for:

May 11, 2018

Eurozone
Ireland Exports its Leprechaun Ireland Exports its Leprechaun

Irish tax distortions have a material impact on aggregate eurozone economic data.

May 3, 2018

China
The Rising Bilateral Deficit with China and the Negotiations Over China 2025 The Rising Bilateral Deficit with China and the Negotiations Over China 2025

A short review of the March U.S. trade data and a lot of speculation about the arc of the Sino-American economic relationship in light of the non-negotiability of Made in China 2025.

April 17, 2018

U.S. Foreign Policy
Foreign Affairs May June 2018 Cover A Global Report on the Decline of Democracy

“Centralization of power in the executive, politicization of the judiciary, attacks on indepen­dent media, the use of public office for private gain—the signs of democratic regression are well known…

February 12, 2018

China
The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017 The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017

China's balance of payments data doesn't show any material increase in the pace of offshore lending.

December 28, 2017

Global Governance
Angela Merkel, Donald J. Trump, and Emmanuel Macron during a family photo at the G7 Summit in Sicily, Italy on May 27, 2017. Year One of America First: Global Governance in 2017

Coauthored with Anne Shannon, former intern in the International Institutions and Global Governance program at the Council on Foreign Relations. After President Donald J. Trump’s election last fal…

December 20, 2017

Economics
The Phillips Curve Is Dead. Long Live the Phillips Curve! The Phillips Curve Is Dead. Long Live the Phillips Curve!

“I am confident that the apparent disconnect between growth and inflation is a temporary phenomenon,” said ECB executive board member Yves Mersche on December 6. The “deep downturn” in the Eurozo…

December 22, 2017

Cybersecurity
REUTERS/Jonathan Ernst Year in Review: Malware Attacks Impact Operations and the Bottom Line

2017 will be remembered as the year that cyber incidents started inflicting real economic losses on companies. 

December 15, 2017

United States
Why The Trade Balance (Still) Matters Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

November 21, 2017

Eurozone
The Eurozone’s Fiscal Version of the Impossible Trinity? The Eurozone’s Fiscal Version of the Impossible Trinity?

The eurozone member-states may never be able to run a fiscal policy that is optimal for the eurozone taken as a whole.

May 30, 2017

China
A Few Words on China’s “New” Exchange Rate Regime A Few Words on China’s “New” Exchange Rate Regime

The return of the "fix" doesn't answer the more fundamental question of how China intends to manage its currency.